About this Show

Your World With Neil Cavuto

News/Business. Money tips from Wall Street. New. (CC)

NETWORK

DURATION
01:01:00

RATING

SCANNED IN
San Francisco, CA, USA

SOURCE
Comcast Cable

TUNER
Channel v760

VIDEO CODEC
mpeg2video

AUDIO CODEC
ac3

PIXEL WIDTH
1280

PIXEL HEIGHT
720

TOPIC FREQUENCY

Georgia Tech 12, Neil 10, Us 7, Duracell 3, Charlie Gasparino 3, Georgia 3, Fbi 2, Jack Lue 2, Underarm 2, Obama 2, Limited Edition Memory Foam 2, Charles Payne 2, At&t 2, Angie 2, Geico 2, Axiron 2, New York City 2, New York 2, Beckel 1, Christopher Lane 1,
Borrow a DVD
of this show
  FOX News    Your World With Neil Cavuto    News/Business. Money tips  
   from Wall Street. New. (CC)  

    August 22, 2013
    1:00 - 2:00pm PDT  

1:00pm
it all got back up and running, it's my understanding, half past the hour. right now, according to my handy dandy phone, the nasdaq is up at 39 points. so things could be worse. you could be mr. kardashian. one of the largest stock exchanges in the world knocked for a loop. investors left in a multitrillion dollar trading twilight zone, all frozen all frozen out and even now, everyone still trying to figure out what happened? and why does stuff like this keep happening? a glitch, technical difficulties. and now, the exchange flat lining just after noon, 12:14 to
1:01pm
be exact in what some are calling a flash freeze. but a fix that proved more in super slow motion, trading returning but late and limited at best. and affecting other changes, too. on the new york stock exchange, where volume tumbled when investors discovered stocks like microsoft and dell couldn't be traded. capitalism unable to move nearly as much capital. a big deal but hardly an isolated one. nasdaq is the latest to get knock out. this past week alone, amazon, "the washington post," "the new york times," cnn, all hit, all down, all vulnerable to something or someone that seems to have no trouble penetrating their security walls. the s.e.c. says it is monitoring the situation and is in very close contact with the exchanges. the president of the united states just briefed on this during a bus tour in the midwest. secretary jack lue is speaking
1:02pm
in cal can this hour. we're all over here in new york city. with charles payne at nasdaq with what might have caused it. rich edison in our nation's capital, everyone on high alert for a repeat of it and charlie gasparino on how it's not just the nasdaq behind it. we begin with charles payne. charles, what happened? >> well, neil, welcome flash freeze. what happened we don't really know yet. from the nasdaq out of the gate they said there was a problem with quote, dissemination. it's a euphemism for we don't know what the heck is going on and we may not for a long time. i can tell you, communication from them after this began was limbed at best. they gave a whole lot of false alarms when trading would resume and so far, no one knows what leads to a tremendous amount of speculation. was it the high frequency traders, a breach of security? and to the question you mentioned at the beginning, neil, why does this keep
1:03pm
happening? the good news, the market ended up higher than when the flash freeze began. the bad news, though, this cannot continue to happen and people have confidence in markets. >> market it with a name, better a flash freeze than a flash crash. for a few hours for one of the world's largest exchanges to be frozen in place, it raises questions as to how vulnerable they are to this sort of thing. what do you think? >> it looks at this point, neil, they're extraordinarily vulnerable. something is wrong with the system. you know, kind of reminds me when we first got cell phones and they went down all the time. in this case, the stakes are a lot higher. they better come up with answers real soon. we're lucky the market did not crash today. how many times can this continue to happen? by the way, if it is being orchestrated, what's the next move on the part of the people
1:04pm
orchestrating it? thank you for holding your own umbrella. normally the president has soldiers holding it for him. i'm impressed. >> rich edson, trying to get a sense from authorities what this was about. >> the halt has reached the highest level of the federal government. the white house says officials have briefed president obama. reports estimating hundreds of billions already stolen in intellectual property at a national infrastructure at risk. officials still say they're developinging the cause of this glitch. we can't say who or what is responsible. still, one security expert says, while an interruption of trading is not a devastating blow, it certainly would give credence to the argument that we are under attack and the government has to be more pro-active. the push for cyberregulation, critical infrastructure will get much stronger in congress and the white house. all that depends on whether this was a simple technical error or
1:05pm
deliberate act. the securities and exchange commission said it held a conference call with stock market officials soon after the nasdaq outage began and continued as nasdaq tried to work out the problem. an fbi spokesperson for the new york field office tells fbn they are aware of the issue and the nasdaq but have no further comment. treasury secretary jack lue is the chair of the financial stability oversight counsel, the dodd frank regulatory overhaul created the fsoc. lou is in -- lew is in silicon valley. >> we're monitoring very closely what he says about this. all the key economic authorities all the way up to the president of the united states have been briefed and continue to be briefed on what happened today.
1:06pm
they might want to talk to charlie gasparino. he says this is just not a nasdaq issue. you think this is more endemic of an inherent market problem. >> our markets are broken. if it's a hacker, a good ha hacker/terrorist, it means they can get into the central of our -- what's central to our economy, the markets. if it's a technical issue, this is one of many that the government -- the government is supposed to address this after the close crash in 2010 and we still have a market that crashes and it crashes all the time. i'll tell you, they can crack down on insider trader all they want. i'm telling you, stuff like this where an average investor thinks they can't put in an order, it doesn't make sense, an ipo blows up on them, they get the wrong price, that hurts investor confidence. >> what happens to the people that had an order in to buy apple at $500 a share or
1:07pm
whatever and they're in limbo. what happens? >> that's a good question. i would think that the price is what they bought it at. at some point it stopped trading on the nasdaq. >> you're saying cynically if you think the big boys are protected, we're not. >> i'm just telling you, they've had three years to get their hands around what is the stock market. what is going on here. and when i say they, generally the securities and exchange commission, they took a pass, went after other issues, insider trading think that's what investors are worried about. everybody, other investors, sophisticated investors having an edge over them. i talked to people. they worry about whether the thing works. >> that it's technically -- >> and did they get the right price. mary schapiro was asked to deal with this by people at the nasdaq and the new york stock exchange. the ceos of nasdaq and the new
1:08pm
york stock exchange talked to her about this crazy structure pe with have is it a high-tech, overly automated, overly computerized. >> there's so many different sophisticated players putting orders into the various markets that it's very complicated and the system is overload. are our markets safe from a structural standpoint? >> you and i know from the beginning, there would be a lot of guys down there, women as well, it's a less crowded floor now. computers are doing more of what they used to do. is that a bad thing, a good thing? >> we've had this discussion on fbn. i don't think it's necessarily a good thing. there was plenty of liquidity on the stock exchange years ago. some people say there's more people investing because of electronic trading. one thing good about humans they don't blow up. he's there. he's ready to buy and sell. he stops the prices when they start crashing because he knows
1:09pm
the true market reflects something higher. he stops it from crashing. >> we are learning right now, charlie you probably know this better than i do, officials some the nasdaq are citing some unusual trade. humans apparently caught that and that's why they said, hey -- >> by the way, if those stock -- if those trades in large volumes went to human specialists they would have taxed it like this. >> it's a human telegraph that signaled that and said shut down. we don't know. we know some weird trades were getting their attention. >> right. >> what are we to take from that? >> we need more humans in these markets. that's my opinion. i tell you, we need the s.e.c. to look at this and the government to look at this. the markets are what make our economy. we know what our economy is worth based on what the market value is. if the markets are broken, which i believe they are not broken but busted right now, they need to be repaired, that's a real
1:10pm
problem for our economy. >> charlie gasparino, the friends were all people. they might have been nefarious but they were all people. i'm not talking about the tea party. i'm talking about unions. don't look now, mr. president but a big friend is just, well, biting the dust. and we marveled at this college kid yesterday. now we get to meet him today, because this guy who could have gone anywhere to do his first national tv interview, well, he's here, first here. >> if you want to change the world, you're at georgia tech, you can do that. if you want to build the iron man suit, you're at georgia tech, you can do that. if you plant to play theme music during your convocation speech, we're at georgia tech and you can do that. i am doing that!
1:11pm
huh...anybody? julie! hey...guess what day it is?? ah come on, i know you can hear me. mike mike mike mike mike... what day is it mike? ha ha ha ha ha ha! leslie, guess what today is? it's hump day. whoot whoot! ronny, how happy are folks who save hundreds of dollars switching to geico? i'd say happier than a camel on wednesday. hump day!!! yay!! get happy. get geico. fifteen minutes could save you fifteen percent or more.
1:12pm
1:13pm
1:14pm
harry might have headlined his conference but that did not stop the nevada -- -- it calls on employers to provide insurance for people who worked more than 30 hours per week. the unintended consequences of the aca will lead to the destruction of the 40-hour workweek. now, none of this coming as a surprise to pediatrician dr. ari freedman. this is confirming what you long suspected, right? there are problems here but when unions are bulking, big proponents of the bill up front you've got some problems. >> of course. the unions are getting to the point where they realize all of the laws of health care,
1:15pm
economics are going to apply to them as well. there are good soldiers to go along with things to begin with. now the realities of obama care are coming to play with them. they're in the same situation as the rest of us, rising health care costs, rising premiums and their doctors aren't happy about it. >> you have to deal with the hassles more than unions have to deal with the cost. did you ever question whether it's worth it to be a doctor? >> i don't think any of us question whether it's worth being a doctor. my family has been in medicine for a long time, my grandfather graduated university of michigan in 1922. i always wanted to have a practice just like his. we take this doctor/patient care relationship seriously. but as you said, as health care reform gets further and further along, we get further and further from our patients. we start working for bean counters and bureaucrats and government regulators and that relationship is being lost. so the question is for doctors,
1:16pm
if you're not really in the position of caring for your patients anymore and you're working for administrators and mbas, is that worth doing? a lot of doctors are saying no. >> i mentioned that a good doctor friend of mine, his son was going to pursue a medical career like his dad, has opted out now, the son, that he's not going to go into it because it wasn't worth it. leaving that aside, i'm curious about where you think this law is going. so much has been delayed and now some of the key backers are raising hackles. if not defunded as republicans want to do, it's going to be dragged out, right? couldn't that potentially be even worse, because then guys like you are in this sort of limbo. >> i think it's worse than limbo. it tens to spiral down into a worse and worse situation. i've heard you talk about free market principles. i'm a big fan of yours. how do you take 1 % 6% of econo
1:17pm
and layer on the law and pages of items and not have it be a disaster in there's massive interference in a free market as part of this law. and as we go along, health care will get more expensive, less efficient and it's going to become worse for everybody. outcomes will get worse. >> that's why we have guys like you on. we can talk to politicians anytime about this, back and forth. guys like you are on the front lines, trying to help people. thank you very much, doctor. >> thank you, sir. meanwhile, democrats are running away from the president's health care law? not all of them, not so fast. louisiana senator mary landrieu is embracing it. take a look. >> i would vote for the bill tomorrow if i had to vote again. >> how is that going to go over with voters? the rule for a lot of others, particularly more vulnerable democrats is to stay away from this thing. what are you getting.
1:18pm
>> neil, what could she say? the vote for obama care in late 2009 is the biggest vote these senators have taken in the last several years. i think the ones running for re-election, even the ones in vulnerable states like mark pryor, senator landrieu in louisiana, kay hagan in louisiana, they can come out and say it was a mistake. i don't think they can do that. >> a lot of them wiggle out of it by saying there are some things we have to fix. others say we have to get patches in there and all of that stuff. what do you think of that? >> we'll hear them say this is a complex bill, big bills in the past like social security and medicare had to be changed and tweaked afterwards and we need to make fixes. it's just like the unions were we talking about in the previous segment. i would not look for unions to come out and say obama care should be repealed. they'll want to have special exceptions made for them. >> if they get an exemption or
1:19pm
pass, we've already learned that the big corporate bosses are getting a one-year delay. >> that's right. >> the talk is now smaller businesses will get the same delay. well, if everyone gets a pass, there's no way to pay. >> it will be everybody except the american people. >> exactly. >> that's what republicans are basing their case on right now. if president obama listened to big business and gave them a pass for obama care for this employer mandate for a whole year, why can't he listen to ordinary americans who don't like this bill either? and you're seeing republicans push for a repeal -- not repeal but delay of the individual mandate like the president unilaterally delayed the employer mandate. look for the democrats to ask for fixes because they can't really come out and say, boy, we mess up. >> that would be a little too honest. >> a little too much. >> thank you, byron york. >> thank you. how would you like to make
1:20pm
your next flight child-free? one airline is making it happen. is that right and is it even legal? remember this guy? >> i am telling you, if you want to change the world, you're at georgia tech, you can do that. if you want to build the iron man suit, you're at georgia tech, you can do that! if you want to play theme music -- >> i love this kid. do you ever wonder whether the guys behind him, the school administrators had any idea what was about to go down? did he ever tell them? we're about to find out. because this kid's first national tv interview is here. wit's hard to find contractors with the passion and the skill, and that's why we use angie's list. online or on the phone, we help you hire right the first time with honest reviews on over 720 local services. i want it done right. i don't want to have to worry about it
1:21pm
or have to come back and redo it. with angie's list, i was able to turn my home into the home of my dreams. for over 18 years, we've helped people take care of the things that matter most. join today.
1:22pm
1:23pm
my ears are popping and
1:24pm
there's i'm hungry and possibly teething. maybe i'm wet. who knows i'm a baby. mwah! mwah! >> does this remind you of your last flight? that could guy be a nasdaq trader. the cry in the sky is no more thanks to an airline named scoop airline, an asian budget carrier. it introduced what they call a child-free cabin for 14 bucks passengers will have the chance to sit in a section that bans kids 12 and under, including their own if they're interested. would that ever fly here in the usa? janelle weinstein says this idea needs to be grounded. you're telling me as a mom you would be perfectly happy hurling your darling child to the back of the plane? >> yes, surprisingly she'll be happy, too. there's nothing illegal about it. they're not saying children can fly, this area, there are no children. that way you don't have to worry
1:25pm
about crying noises. as a mom -- >> you'd still hear noises in the back of the plane. you figure since you're in first class, they're so far. >> right. i thought about that, they're paying this money and they'll still hear the noise. as a mom i will feel like i won't have to worry about the looks and people saying can't you get your child to be quiet? >> my sons are tieing people to their chairs. luggage is the only option for them. you think this goes too far? >> domestically they're not going to fly. they're not going to be able to sell tickets to people that will restrict who they can sell them to. if they have unsold tickets and you only have a child-free zone, it's not going to happen. >> a lot of people don't like kids, i'm surprised to hear that, even their own. they like peace and quiet. they hear there's an airline that has a procedure for dealing with rowdy kids, in the back of
1:26pm
the plane or as i suggest in luggage, they might fly that carrier. >> the airlines will look at who their passengers are and decide whether it will be beneficial for them. you have the elite travelers, the business travelers, they like the leg room. what happens when they're traveling with their kids? they don't want to go to the back of the plane. >> what i love is when obnoxious kids are in first class and the guys in first class are saying, i don't think so. >> the adults have the option of ear plugs, go to sleep like i do, watch a movie. >> i can't believe what a horrible mother you are. you would be open to this. but i don't even know if that's legal. it's penning people off based on age. if we did that by race or religion. >> it would be discriminatory. they're giving the passengers an option to pay more. it's almost like a first class. if you pay more you can sit in this section where you get free wine and all kinds of stuff. >> what if those back rows are
1:27pm
already booked? or do they save them for kids? what if no kids materialize? >> that restriction can be discriminatory. also going to the point of paying more. but at the same time what about the families who want to pay more not to be with the noisy crowd. most of us don't want to be next to anybody unruly. i don't know if it matters if they're kids or adults. we've all sat next to that adult we don't want to be next to on a plane for eight hours. >> you know what i'm wondering about, too, is it just a marketing kind of a stick for this airline? i don't know this carrier but maybe it gets a name for itself, you're the carrier that hates kids. >> i think it is. realistically if there's a child in row 10 and you're in row 20, if that child is screaming at the top of his or her lungs you'll hear that. >> 12 is the cutoff. >> yes. under 12.
1:28pm
>> teenagers are a big problem, i discovered, the level of -- >> the talking and laughing. >> really, really loud. nothing wrong with that. oonc >> you'll have unhappy people who paid the extra $14 or $15 and you hear the noise. >> imagine if you've gotten the row right before it starts. >> or like the planes with the smoking section. >> i say it doesn't fly, pun intended. >> thank you very much. this is an offer this carrier has but i think it's a marketing gimmick. he's a democrat turned republican. now he wants to turn the republican party around. find out why and find out how. and the man, the myth, the legend, the kid who wowed a georgia crowd is ready to wow this crowd here.
1:29pm
>> so i am telling you, if you want to change the world, you're at georgia tech, you can do that! if you want to build the iron man suit, you're at georgia tech, you can do that! if you want to play theme music during your convocation speech like a bad ass -- announcer ] you've reached the age where you don't back down from a challenge. this is the age of knowing how to make things happen. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision or hearing. this is the age of taking action.
1:30pm
viagra. talk to your doctor.
1:31pm
viagra. we provide the exact individualization that your body needs. this labor day, don't invest in a mattress until you visit a sleep number store. once you experience it, there's no going back. oh, yeah! at our biggest sale of the year, every bed is on sale. queen mattresses now start at just $599. and save an incredible 40% on our limited edition memory foam mattress sets. only at a sleep number store. sleep number. comfort individualized. the next powerful storm is going to hit... but it will... that's why there's a new duracell battery. introducing duracell quantum. with its high density core,
1:32pm
it's a quantum leap in battery power. the next storm is out there. but so are the heroes. so we're giving a million duracell quantum to first responders everywhere. power. in the hands of the most powerful. duracell. trusted everywhere. like carpools... polly wants to know if we can pick her up. yeah, we can make room. yeah. [ male announcer ] ...office space. yes, we're loving this communal seating. it's great. [ male announcer ] the best thing to share? a data plan. at&t mobile share for business. one bucket of data for everyone on the plan, unlimited talk and text on smart phones. now, everyone's in the spirit of sharing. hey, can i borrow your boat this weekend? no. [ male announcer ] share more. save more. at&t mobile share for business. ♪ he's been among our most popular and most e-mailed guests, democrat turned republican who is now launching
1:33pm
a political action committee. to help black conservatives into office. he says the democratic party has created an illusion that its agenda is what is best for african-americans but the state senator from louisiana is here to set the record straight. you might recall that senator gillory switched from being a democrat to a republican because he had enough of this nonsense. senator, always good to have you back. >> it's an honor to be with you, of course. >> i remember you talking about the heat you encountered when you made the switch, everything from uncle tom to you can't be a real african-american and on and on. i'm sure i just got a fraction of it. now you're doubling down and going forward. what kind of reaction are you getting now? >> pretty much the same. from republicans and from normal people, my constituents most particularly, a warm welcome,
1:34pm
very understanding of where i'm talking about the values of the issues that i'm presenting. from people in the hierarchy of the party of disappointment, they're still throwing all kinds of injectives at me. >> you seem to be taking it fine. how is it, why is it, do you think, that african-americans are such a monolithic democratic bloc? rarely do they move maybe a percent or two out of that 95%, 96% democrat bloc. >> lies. i believe that we have been sold a bill of lies. until the mid-'60s, the republican party, those members were the heroes of civil rights. and then when the southern democrats saw it just wasn't working for them, they decided to start to portray themselves
1:35pm
falsely as the party of the people and they started to portray us as the party of the rich, corporate white men who hated everything, including minorities and women and the environment. we didn't stop that. we didn't stand against it. we just sat in the closet and let them tell this lie. now we have to take the truth to the communities, to the neighborhoods of america. >> you know, senator, as we approach the 50th anniversary of martin luther king's speech, before the lincoln memorial, al sharpton, among others, leading a rally of his own, arguing the government has to do more. what do you think of that. >> i think that jobs and education are the two pillars of the american dream. if we are going to do more about jobs and education, that's fine.
1:36pm
but to give more to the tragedy, the recent tragedy, that's a perfect example of what happens when government gives everyone their food, their housing, their clothing. they have nothing to do. they just sit around, play some violent video games and then go out and kill people. i mean, it's a tragedy. and it is a tragedy that is predictable when you do everything for people, when they have nothing to do for themselves. they don't have to pick up a fork or a knife even. >> you do have an uphill battle ahead of you. i think you're more than up for that challenge. senator, always a pleasure. thank you, sir. >> thank you. you know what, his scandal never just went away, did it? does this president assume his ever will? and this is what left the crowd speechless. is he about to do the same here?
1:37pm
my mantra? always go the extra mile. to treat my low testosterone, i did my research. my doctor and i went with axiron, the only underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especially those who are or who may become pregnant and children should avoid contact where axiron is applied as uneected signs of puberty in children or changes in body hair or increased acne in women may occur. report these symptoms to your doctor. tell your doctor about all medical conditions and meditions. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet or body swelling; enlarg or painful breasts; problems breathing while sleeping; and blood clots in the legs. common side effects include skin redness or irritation where applied,
1:38pm
increased red blood cell count, headache, diarrhea, vomiting, and increase in psa. ask your doctor about e only underarm low t treatment, axiron. test test test test test test test test test test test test test test test test test test test test as retirement gets clo. wherever you are today,
1:39pm
fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan.
1:40pm
40 years later and watergate is still making headlines. the final installment of the anymoren white house tapes revealing how the former president handled the scanned back then. it got my next guest wondering why isn't president obama paying attention now? nixon has proven you can never assume a scandal will just go away. it's clear on a lot of tapes. we'll play a couple portions. he's under the assumption it will all go away. i want you to react to this one, halderman, his confidant. >> it would appear that given a very difficult situation and no
1:41pm
cooperation from justice, either fbi or kleindienst, that they've done a superb job in really keeping this thing. >> cool up to this point. >> let's be -- >> it's worth a lot of work to try and keep it from blowing. >> oh, yes. >> he was very sure that this would just blow over and go away. now, apples and oranges comparing them to the scandal this white house is facing. but the attitude is much the same. all of this stuff is going to blow away. we need not worry. what do you think? >> neil, white houses, whether they're democratic or
1:42pm
republican, are very insular. and presidents tend to talk to a small number of aides that they really trust and they tell one another reassuring things in the bubble of the white house, but they may not be true. that was a wonderful choice there, a little excerpt from the white house tapes. that was before the '72 election. you see, it worked through the election. and nixon was re-elected with a 49-state landslide. what happened? it all came apart. it didn't blow over. nixon was famous for saying one year of watergate is enough. well, he wasn't the one to determine that. >> you know, it's interesting, too, you know, roughly a year later, when he's knee deep in this and releasing transcripts and giving details to folks, he ends up getting feedback from his friends or party confidants. this is from a discussion with ronald reagan. >> how nice of you to call. >> well, i just wanted you to know, we watched and my heart
1:43pm
was with you. i know what this must have been and what this must have been in all these days and what you've been through. i just wanted you to know, for whatever it's worth, you can count on us, we're still inhood you out here. i wanted you to know we're in our prayers. >> how nice of you to say that. >> you know, what's interesting, too, we don't know if he was drunk at the time he was making that call. when you talk to people in your own party, friends and can confidants, they're going to say what they think will make you feel better. you're not reaching out to people that are telling you, you have to wake up, this is getting bad. >> the worst mistake any president can make it to talk to people in his own party that tell him what he wants to hear. it's always reassuring temporarily but you pay a big cost in the long run. you need to reach out to your
1:44pm
opponents. you need to hear them in person and frequently not just, you know, once every three months when you go to a retreat. >> yes, but i'm wondering, too, very quickly, we'll end on this, the idea that richard nixon was never loved by the media and he had a rough going with the media. this president, say what you will, is still very much admired by the media, they haven't exactly been counting these scandals. that's in the past and maybe that's why he doesn't worry. >> possible that's a factor. there's no question the media hated nixon and the opposite is true for the most part with barack obama. neil, facts are powerful things. it's the facts that come out that matter. you never know what's going to come out next month or six months from now. presidents know more than anybody else what the facts are, if they're asking the right questions of their own people. >> deep inside they tend to know, don't they, whether it's phony or not. larry, always good. thank you. >> thanks, neil.
1:45pm
we promised you the interview -- well, here he is, the young man who electrified the world. he's about to electrify us. >> if i have seen further it is by standing on the shoulders of giants. georgia tech is proud of its many traditions but the one i find most exciting is our tradition of excellence. our mission as students is not to follow in the footsteps of astronauts, presidents that graduated before us but to exceed their footsteps. dad. how did you get here?
1:46pm
i don't know. [ speaking in russian ] look, look, look... you probably want to get away as much as we do. with priceline express deals, you can get a fabulous hotel without bidding. think of the rubles you'll save. with one touch, fun in the sun. i like fun. well, that went exactly i as planned.. really?
1:47pm
1:48pm
if you want to change the world, you're at georgia tech, you can do that! if you want to build the iron man suit, you're at georgia tech, you can do that! if you want to play theme music during your convocation speech,
1:49pm
like a bad ass, we're at georgia tech, we can do that! i am doing that! epic speech that became a youtube sensation, clicking thousands of watches, if you will, over the course of seconds. right now, the georgia tech engineering student who electrified that crowd and since, a nation. very, very, very good to have you, nick feldy, thank you for coming. >> thank you, neil. >> you have become a rock star overnight, my friend. and some want to ask you, one thing is, were you reading prompter? >> no, i was not. i had the speech memorized. >> this is very scary to me because i could never do that. the second question, the guys behind you, the administrators, did they know that you were
1:50pm
going to do this? >> no, they did not. the only people that knew were the people who were there during the sound check. >> really? >> so that's interesting. when they heard the music and then they started heard the mus they started to hear you shout, were they getting a little antsy? because the guy right behind you, i don't know who he is, he is smiling. >> the two people behind me are the president and dr. broz. i don't think either of them knew who i was going to do. but they played along with it and seemed to enjoy it. they both shook my hand afterward and seemed to enjoy it. >> i'm not blowing you smoke, that is the best speech i ever heard in a college environment, whether it is as a graduate or in-coming georgia tech freshman class, what did they think -- i see them applauding at the end.
1:51pm
you don't get an idea of whether they were laughing through it. what were they doing as you were going? >> so i got a few rounds of applause, which was absolutely fantastic, any public speaker loves that. they laughed at my jokes, they were all in all a fantastic audience, the clip at the end is hilarious, and a few areas that picked this up, they look like they just don't know what happened. and in anll honesty, that was m favorite part. >> now you started, you got into this slowly, it was delivered so well. but you built up -- >> thank you. >> and the music, and that is when you were really going for the cresendo, but when you started, what was your assignment to prepare them for
1:52pm
what life was like at georgia tech? what did the administrators think you were going to do? >> yeah, well, coming in, the freshmen had come in and had an exhausting and not necessarily exciting day. so it was my job to get them pumped up and excited that they were here. >> you were trying to say that georgia tech is a great place. a place where anything is possible. so you wrote all of this yourself, even the iron man suit reference, that was all you? >> well, the iron man suit reference was me, actually, the idea for the speech, one of my old coaches, andy stone, had performed a speech in high school or college on science fiction literature. and he used the big epic theme music, and the you can do that message. and when i saw that speech i thought that was the greatest thing in the entire world. absolutely, so cool, so i asked him when i was preparing, like
1:53pm
hey, do you mind if i use your idea? i think it would really work well. and he very graciously agreed. and everyone loved it. >> and has he gotten back to you since? >> absolutely, yes, we just had a great conversation yesterday, actually. >> you know, i think you cracked the youtube top ten, most requested videos. did you have any idea it would be that big a deal? >> i was really hoping that i could get a round of applause at the end of the speech. >> but you were -- this was all about getting folks jazzed and all. and when you left, i am always curious, then you have to take off the gown, everything else, go to class, we tried to book you and you had classes. so obviously, you were an earnest student, but did anybody single you out and say hey, dude, you were amazing? >> it is amazing, i'm enjoying the 15 minutes of fame, people are asking for pictures and
1:54pm
autographs. >> oh, i get that all the time, nick. >> i'm sure. >> what do you want to do? now, i know you're in the school of engineering, right? >> absolutely. so like i said in the speech, i want to be an inventor. and what that means, to be honest, i don't recall know. my dream job right now would be working for some amazing company like space x, something like that that wants to send people to mars. >> i also met you, when i talked about you -- another memory i had was the microsoft ceo when he was dancing on stage, prancing around, i loved it. a lot of people criticized it. but i loved it. it broke form, and i heard that microsoft called you. >> i didn't know that, that is really amazing. >> well, you better pick up the phone, because microsoft called you.
1:55pm
>> that is fantastic, thank you. >> now, you may want to look at that, and say hey, this zbguy h a future in politics, and he can do a speech like that without a teleprompter. maybe this guy is limiting himself, maybe there are ways to advance himself in other ways. >> well, thank you very much, i love engineering, that is my passion, i really do love politics. i follow it quite closely, to be honest i think i can do more in engineering than politics. >> oh, that is great, so far so good. when you were speaking there, one other thing i wanted to ask you about, you had to be a little nervous, right? you and a couple of audio guys knew what you were about to do. you had to be worried about time, the music, you had to be worried about finishing with the crescendo, moving your arms out.
1:56pm
and everything just stayed there, it was timing, were you worried you wouldn't get it done? >> oh, absolutely, i was very, very nervous, i don't know if you can see in the video -- you can see me do kind of a head nod, that was me just being surprised that the timing worked out. so -- i mean, that was really cool. although -- i mean, as you know in your business, neil, being nervous -- that is a good thing, right? you want to use those nerves. so that is what happened here. >> something happened where your mike fell down your shirt -- what am i to tell you how to do your job? are you ever going to speak again on circuit? >> i love to speak, it is my
1:57pm
creativity outlet, my art, if you will. i'm passionate about it. >> indeed you are. i want to hook you up with my daughter, but we'll talk about that another time. nick selby, an absolutely amazing performance, you give us all hope. that will do it for us here. >> thank you so much, neil.
1:58pm
we provide the exact individualization that your body needs. this labor day, don't invest in a mattress until you visit a sleep number store. once you experience it, there's no going back. oh, yeah! at our biggest sale of the year, every bed is on sale. queen mattresses now start at just $599.
1:59pm
and save an incredible 40% on our limited edition memory foam mattress sets. only at a sleep number store. sleep number. comfort individualized. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?!
2:00pm
if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. guillory, guill . book beckel, eric bolling, it is 5:00 in new york city, i'm jet lagged. so by now, you have heard of the murder of this young man from australia, christopher lane, the media has a reason, boredom, the suspected shooter enjoyed gang signs and colors and bragged about knocking out white people since the george zimmer